Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  Anheuser-Busch InBev    ABI   BE0974293251

ANHEUSER-BUSCH INBEV (ABI)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Anheuser Busch InBev : AB InBev shares climb after Competition Tribunal conditional approval to SAB deal

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/02/2017 | 10:13am CEST

Anheuser-Busch InBev's share price gained 2.3% to R1,620 after the Competition Tribunal conditionally approved Atlanta-based Coca-Cola's acquisition of SAB's shares in Coca Cola Beverage Africa (CCBA)... The tribunal said in a statement on Thursday it had approved the US parent group buying SAB out of its Southern African operations on condition it kept the promises made in 2016 when SAB's soft-drink division was merged with Gutsche Family Investments and The Coca-Cola Company's regional operation.

Before its takeover by Pepsi ally Anheuser-Busch InBev, SAB committed itself to not cutting jobs in the merged soft-drink businesses along with black economic empowerment (BEE) and employee shareholding levels.

"From the time of the condition it was envisioned that SABMiller would be exiting," the tribunal said in Thursdays' statement.

"In terms of the shareholders agreement for that transaction, Coca-Cola Holdings Africa had the option to purchase SABMiller shares and require its exit. This transaction is a culmination of that right."

Source: BDpro

(c) All rights reserved. 2017. Bizcommunity.com Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
COCA-COLA COMPANY (THE) 0.37% 43.25 Delayed Quote.-6.08%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ANHEUSER-BUSCH INBEV
04:16aCrate expectations - Moscow shops stockpile beer for World Cup fans
RE
06/21HEINEKEN : Buys Minority GBP40 Million Stake in U.K. Craft Brewer Beavertown
DJ
06/20France's Engie faces tax bill after EU ruling on Luxembourg
RE
06/15NIH Ends Study on Health Benefits of Alcohol, Citing Improper Ties to Industr..
DJ
06/14EXCLUSIVE : Engie's Luxembourg tax deal set to be declared illegal aid - source
RE
06/11Adding fizz to World Cup fever
AQ
06/08Brewers see future in high tech, weak beer, cannabis brews
RE
06/05CERTAIN BLOW-MOLDED BAG-IN-CONTAINER : Institution of Investigation
AQ
05/29Insurer Generali exits Kepler's top Italian picks list on political risk
RE
05/25INTERNATIONAL BREWERIES : Day Hero Lager knighted in Onitsha
AQ
More news
News from SeekingAlpha
06/21How The Recession Leveled The Playing Field For Massive Growth In Craft Beer 
06/20Internet of Things catches up with beer 
06/19DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : 3 Reasons You Should Avoid This Dangerous.. 
06/18NFL REALIZES STRONG REVENUE IN 2017- : Who Benefits? 
06/14Premium water specialist Essentia in play 
Financials ($)
Sales 2018 57 225 M
EBIT 2018 19 278 M
Net income 2018 9 491 M
Debt 2018 100 B
Yield 2018 4,07%
P/E ratio 2018 21,23
P/E ratio 2019 18,05
EV / Sales 2018 4,68x
EV / Sales 2019 4,43x
Capitalization 167 B
Chart ANHEUSER-BUSCH INBEV
Duration : Period :
Anheuser-Busch InBev Technical Analysis Chart | ABI | BE0974293251 | 4-Traders
Technical analysis trends ANHEUSER-BUSCH INBEV
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 124 $
Spread / Average Target 25%
EPS Revisions
Managers
NameTitle
Carlos Alves de Brito Chief Executive Officer
Olivier Goudet Chairman
Luis Felipe Pedreira Dutra Leite Chief Financial & Technology Officer
Martin J. Barrington Non-Executive Director
William F. Gifford Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ANHEUSER-BUSCH INBEV-8.50%167 381
AMBEV SA-13.78%75 631
HEINEKEN-0.40%57 352
HEINEKEN HOLDING0.50%27 642
KIRIN HOLDINGS CO LTD6.42%25 138
ASAHI GROUP HOLDINGS LTD0.34%24 842